Member Info for NatCoalKing

Thanks Dru.

Anyone know the latitude and longitude of the Roan site? I'm going to have a decent look as to where these new stock piles might be, close by according to Leon, and who might be the owner of them.

Thanks in advance.

This is pretty good for Chrome prices

https://www.tharisa.com/weekly-pgm-and-chrome-info.php

I think we will get a quarterly update but it will be released just before the AGM. That way, attendees will likely ask less questions about the current state of play.

Https://audioboom.com/posts/8581877-sunday-roast-zambia-special-featuring-jubille-metals-aim-jlp-jlp-trp-epp-cel-gnip

I'm expecting results next week as per the recent RNS about the Board changes and an RNS about Project G either this week or next, again from the most recent RNS.

Might even get a Thutse update in the next couple of weeks as well.

It's all happening!

Https://audioboom.com/posts/8574467-sunday-roast-featuring-geoff-baker-che-connon-and-marcelo-bravo-of-bsf-enterprise-leon-coetzer

I'm pretty sure everyone in JLP will be doing their very best to get Roan cranked up to maximum output asap!

I have mixed feelings on JLP and copper. One the one hand, Roan has seemed to have taken far too long to get going. On the other hand, we have probably been buying copper feed a lot cheaper than if we bought it at current copper prices and it looks like Roan is going to be producing significant amounts just as the copper price is taking off, maximising profits.

142857 is my favourite number. Add it to itself and you have the same digits, just in a different order. Obviously, you can only do that 6 times, but look at the number on the 7th time. Yes, I know, I'm a maths geek!

Looks like they were incorporated in the Cayman Islands. No chance of finding out who the beneficial owner is then!

Https://www.reuters.com/markets/deals/uae-conglomerate-seeks-gatecrash-chinas-jhcx-zambian-copper-deal-2024-03-21/

SeisNav - according to the ths annual report, the average grade of their chrome concentrate is 42%. According to the Jlp website, jlp produce grade 50-55%, so that would presumably attract an even better price for jlp?

Scott, you talk rubbish most of the time, but that post is right up there with the worst of them. Slater bought 170m in Sep 2021 for 16p, for goodness sake. The fact that he is still adding is encouraging not the other way around.

I reckon they will release an update just before, or even on the morning, of the AGM next Friday. They don't want to be taking a load of questions on progress during AOB and an update would nip a lot of that in the bud.

Bit odd in Leon's comments on page 16 :

The upgrade to the Roan Concentrator is currently underway

and is expected to be completed by the end of October with

commissioning scheduled for the first two weeks of November.

During this time, Roan will continue to operate but at a reduced

capacity to allow for the various upgrade activities.

The upgrade to the Roan Concentrator is currently underway

and is expected to be completed during the month of November

2023 with commissioning scheduled for the first two weeks of

December. During this time, Roan will continue to operate but at a

significantly reduced capacity to allow for the safe implementation

of various upgrade activities

Which one is it?

An explanation about the recent reduction in Rhodium price from the recent THS update:

"PGM prices came under pressure in the quarter as demand softened and destocking took some shine off the strong pricing seen in FY2022. Rhodium and palladium prices remain the most affected, with rhodium suffering from a small, tight, illiquid market influenced by a single seller."

With the price of Rhodium now rebounding, hopefully that seller has now finished.

A Bear Market? The ftse 100 has just closed at an all time high!

According to this map, we have a concentrator in the DRC for Project Roan. No idea if that is true or not!

https://jubileemetalsgroup.com/operations/copper/

https://www.investegate.co.uk/jubilee-metals-group--jlp-/rns/copper-and-cobalt-operations-update/202211220851011979H/